FP Event: Harnessing the Potential of Population Aging

October 12, 2022 | Washington, DC

Insights and Opportunities for Development Finance

Earlier this year, new projections from UNDESA revealed that by 2050, the proportion of people over 65 years old will rise to 16 percent of the global population, compared to 10 percent in 2022. These demographic trends are affecting countries and economies around the world. The economic costs of inadequate preparation for population aging could be significant. Additionally, economists predict that fiscal and monetary policy may diminish in effectiveness as the productive labor force shrinks due to population aging. In light of these trends, major multilateral development banks and international financial institutions have a pivotal role to play in overcoming the challenges and harnessing the opportunities presented by population aging.

On the occasion of the IMF/World Bank Annual Meetings, this event featured leaders from across the financial sector who will shine a light on the economic and social impacts from demographic change, strategies for mainstreaming aging across international financial institutions, and ways to deepen collaboration with the public sector and civil society. The discussion will be underpinned by new research by FP Analytics, produced in partnership with AARP, that illuminates the innovative ways in which units within major international financial institutions are beginning to focus on demographic change and what more can be done to support older adults, particularly in low- and middle-income countries.

Join the conversation with #BenefitsOfAging.

In Partnership With

Read FP Analytics' Harnessing the Potential of Population Aging Report

Speakers
Dr. Toshiaki Hiromitsu
Minister of Finance at the Embassy of Japan In Washington, Visiting Scholar, the Policy Research Institute, Ministry of Finance
Dr. Hiromitsu is the Minister (Finance) at the Embassy of Japan in Washington, D.C., a post he has assumed in May 2021. He is also a Visiting Scholar at the Policy Research Inst...
Toshiaki HIROMITSU - コピー
Toshiaki HIROMITSU - コピー
Dr. Maitreyi Bordia Das
Practice Manager, Urban, Disaster Risk Management, Resilience and Land Global Practice, World Bank
Maitreyi Bordia Das is a leading voice on sustainable development, equity and inclusion, with a career that spans government, academia, the UN system and the World Bank. In her ...
Das-Maitreyi-2022
Das-Maitreyi-2022
Dr. Marco Stampini
Social Protection Lead Specialist, Inter-American Development Bank
Marco Stampini is the Social Protection Lead Specialist at the Inter-American Development Bank. His work focuses on the elaboration, execution and evaluation of social protectio...
Stampini-Marco-2022
Stampini-Marco-2022
Csaba Feher
Senior Economist, International Monetary Fund
Csaba Feher is a senior economist at the IMF’s Fiscal Affairs Department. Prior to joining the Fund, he worked at the World Bank covering public and private pension and other ...
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Peter Rundlet
Vice President, AARP International
As Vice President of International, Peter Rundlet develops and executes AARP's international strategy to position AARP as the global thought leader on aging. An accomplished str...
PeterRundlet
PeterRundlet
Allison Carlson
Managing Director, FP Analytics and Events
Allison Carlson is the Managing Director of FP Analytics, Foreign Policy’s independent research and advisory division, and FP Events. She oversees FPA’s cross-cutting resear...
Carlson-Allison-foreign-policy-staff-portraits-20227
Carlson-Allison-foreign-policy-staff-portraits-20227